Zardoya Otis (XMAD:ZOT) Buildings And Improvements : €8.9 Mil (As of Nov. 2021)

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What is Zardoya Otis Buildings And Improvements?

Zardoya Otis's quarterly buildings and improvements declined from May. 2021 (€13.1 Mil) to Aug. 2021 (€0.0 Mil) but then increased from Aug. 2021 (€0.0 Mil) to Nov. 2021 (€8.9 Mil).

Zardoya Otis's annual buildings and improvements increased from Nov. 2019 (€0.0 Mil) to Nov. 2020 (€15.3 Mil) but then declined from Nov. 2020 (€15.3 Mil) to Nov. 2021 (€8.9 Mil).

Zardoya Otis Buildings And Improvements Historical Data

The historical data trend for Zardoya Otis's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zardoya Otis Buildings And Improvements Chart

Zardoya Otis Annual Data

Trend

Nov12

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Nov21

Buildings And Improvements

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15.25

8.93

Zardoya Otis Quarterly Data
	Nov15	May16	Nov16	May17	Nov17	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21
Buildings And Improvements	Get a 7-Day Free Trial															15.25	-	13.14	-	8.93

Zardoya Otis Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Zardoya Otis (XMAD:ZOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zardoya Otis SA (XMAD:ZOT) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

N/A

Address

C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033

Website

https://www.otis.com

Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

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